State Bank of India has invited online applications for 207 contractual Specialist Cadre Officer vacancies in its Wealth Management business.
Latest Update
Overview
| Organisation | State Bank of India |
| Advertisement Number | CRPD/SCO/2026-27/23 |
| Recruitment | Specialist Cadre Officers—Wealth Management |
| Total Vacancies | 207 |
| Number of Posts | Seven |
| Engagement | Contract basis |
| Initial Contract | Five years |
| Possible Renewal | Up to another four years at SBI’s discretion |
| Application Mode | Online only |
| Last Date | 25 September 2026 |
| Selection | Shortlisting, interview and CTC negotiation |
Important Dates
| Age, Qualification and Experience Reference Date | 31 August 2026 |
| Online Application Starts | 4 September 2026 |
| Application and Fee Deadline | 25 September 2026 |
| Interview Call Letter | To be communicated by email or uploaded on the SBI careers website |
| Interview | To be announced |
| Final Selection List | To be announced |
Vacancy Details
| Zonal Head—Retail | 0 | 1 | 1 |
| Regional Head | 4 | 1 | 5 |
| Relationship Manager—Team Lead | 22 | 2 | 24 |
| Investment Specialist | 6 | 3 | 9 |
| Investment Officer | 3 | 1 | 4 |
| VP Wealth | 26 | 65 | 91 |
| AVP Wealth | 70 | 3 | 73 |
| Total | 131 | 76 | 207 |
Category-Wise Total
| Scheduled Caste | 39 |
| Scheduled Tribe | 30 |
| OBC Non-Creamy Layer | 65 |
| Economically Weaker Section | 11 |
| Unreserved | 62 |
| Total | 207 |
PwBD reservations are horizontal and included within the respective parent categories. The notified figures are provisional and may change according to SBI’s requirements.
Circle-Wise Vacancies for Five Posts
| Amaravati | 2 | 0 | 0 | 0 | 0 |
| Bengaluru | 2 | 0 | 1 | 28 | 20 |
| Bhopal | 1 | 1 | 0 | 3 | 4 |
| Bhubaneswar | 1 | 0 | 1 | 0 | 0 |
| Chandigarh | 1 | 0 | 0 | 0 | 0 |
| Chennai | 0 | 0 | 0 | 6 | 2 |
| Gandhinagar | 1 | 0 | 1 | 2 | 0 |
| Guwahati | 2 | 0 | 0 | 0 | 0 |
| Hyderabad | 1 | 1 | 1 | 9 | 0 |
| Jaipur | 0 | 1 | 0 | 7 | 8 |
| Kolkata | 1 | 1 | 0 | 11 | 6 |
| Lucknow | 2 | 0 | 0 | 0 | 4 |
| Maharashtra | 1 | 1 | 0 | 0 | 0 |
| Mumbai Metro | 0 | 1 | 0 | 0 | 0 |
| New Delhi | 4 | 2 | 0 | 18 | 16 |
| Patna | 2 | 0 | 0 | 0 | 0 |
| Thiruvananthapuram | 3 | 1 | 0 | 7 | 13 |
Salary
| Zonal Head—Retail | ₹66 lakh yearly | ₹97 lakh |
| Regional Head | ₹45 lakh yearly | ₹66.40 lakh |
| Relationship Manager—Team Lead | ₹35 lakh yearly | ₹51.80 lakh |
| Investment Specialist | ₹30 lakh yearly | ₹44.50 lakh |
| Investment Officer | ₹18 lakh yearly | ₹27.10 lakh |
| VP Wealth | ₹30 lakh yearly | ₹44.70 lakh |
| AVP Wealth | ₹20 lakh yearly | ₹30.20 lakh |
The CTC is negotiable and depends on experience, current remuneration and posting. The upper ranges include applicable performance-linked pay, annual increments, allowances and other benefits.
Age
| Zonal Head—Retail | 35 years | 50 years |
| Regional Head | 35 years | 50 years |
| Relationship Manager—Team Lead | 28 years | 42 years |
| Investment Specialist | 28 years | 42 years |
| Investment Officer | 28 years | 40 years |
| VP Wealth | 26 years | 42 years |
| AVP Wealth | 23 years | 35 years |
Age is calculated as on 31 August 2026. The displayed maximum ages apply to unreserved candidates; applicable reserved-category relaxation is governed by Government of India guidelines.
Qualification
| Zonal Head—Retail | Graduation from a government-recognised university or institution |
| Regional Head | Graduation from a government-recognised university or institution |
| Relationship Manager—Team Lead | Graduation from a government-recognised university or institution |
| Investment Specialist | PG degree or PG diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science; alternatively CA or CFA |
| Investment Officer | PG degree or PG diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science; alternatively CA or CFA |
| VP Wealth | Graduation from a government-recognised university or institution |
| AVP Wealth | Graduation from a government-recognised university or institution |
Preferred Qualifications
- MBA in Banking, Finance or Marketing with at least 60% for the applicable leadership posts.
- Postgraduation in Finance, Marketing or Banking for AVP Wealth.
- Relevant qualifications or certifications such as CA, CFP, CFA, NISM V-A, NISM XXI-A, Investment Adviser or Research Analyst certification, depending on the post.
Experience
| Zonal Head—Retail | At least 15 years in sales management in Wealth Management, Retail Banking or AMCs, including five years leading a large team of Relationship Managers and Team Leads |
| Regional Head | At least 12 years in relationship management, preferably Wealth Management, including five years leading a large relationship-management team or serving as Team Lead |
| Relationship Manager—Team Lead | At least eight years in relationship management, preferably in Wealth Management; Team Lead experience is preferred |
| Investment Specialist | At least six years after qualification as an investment adviser, counsellor, officer or product-team member in Wealth Management firms or AMCs |
| Investment Officer | At least four years after qualification as an investment adviser, counsellor, officer or product-team member in Wealth Management firms or AMCs |
| VP Wealth | At least six years in sales and marketing with banks, Wealth Management firms or AMCs; Relationship Manager experience is preferred |
| AVP Wealth | At least three years in sales and marketing with banks, Wealth Management firms or AMCs; SBI Wealth CREs require four years of experience |
Fee
| Unreserved, EWS and OBC | ₹750 |
| SC, ST and PwBD | Nil |
| Online | Debit card, credit card, internet banking or another facility offered by the payment gateway |
The fee and intimation charge are non-refundable. Applicable online transaction charges must be borne by the candidate.
Selection Process
- Online application and payment of the applicable fee
- Preliminary scrutiny of eligibility, qualifications and experience
- Shortlisting according to parameters decided by SBI’s Shortlisting Committee
- One or more personal, telephone or video interview rounds
- Interview assessment carrying 100 marks
- CTC negotiation at or after the interview
- Original-document and eligibility verification
- Background, character and antecedent verification
- Preparation of the merit list using interview marks
- Contractual engagement subject to medical and other applicable requirements
Merely meeting the minimum conditions does not guarantee an interview. When candidates obtain the same cut-off score, the older candidate will rank higher.
Exam Pattern
Documents Required
- Recent passport-style colour photograph
- Signature made in black ink on white paper
- Brief resume in PDF format
- Completed SBI biodata form
- Completed CTC negotiation form
- Valid identity proof
- PAN card
- Age or date-of-birth proof
- Relevant degree, postgraduate or professional qualification certificates
- All applicable mark sheets
- Experience certificates clearly describing the relevant work
- Appointment, offer and relieving letters where used as experience proof
- Annual performance appraisal records where applicable
- Form 16, offer letter or latest salary slip from the current employer
- SC, ST, OBC-NCL, EWS or PwBD certificate where applicable
- No Objection Certificate for applicable serving candidates
- Application-form printout and online payment receipt
How to Apply
- Open the SBI current-openings page and select Advertisement No. CRPD/SCO/2026-27/23.
- Download the detailed advertisement, biodata form and CTC negotiation form.
- Check the age, qualification and post-qualification experience for the intended post.
- Open the official application portal.
- Complete new registration using an active email address and mobile number.
- Save the provisional registration number and password.
- Enter the personal, category, education, experience, post and circle-preference details.
- Upload the recent photograph and signature in the prescribed format.
- Upload the resume, ID, PAN card, qualifications, experience records, biodata, CTC form and other applicable documents.
- Preview the application and verify every entry carefully.
- Submit the completed application and pay ₹750 unless exempted.
- Finish registration and payment by 25 September 2026.
- Download and print the submitted application and e-receipt.
- Do not send a hard copy to SBI.
- Monitor the official careers page and registered email address for interview updates.
Important Links
Download Official SBI Wealth Management Advertisement Apply Online for SBI Wealth Management Posts Download Official SBI Biodata Form Download Official CTC Negotiation Form Open SBI Current Recruitment PageFrequently Asked Questions
How many SBI Wealth Management vacancies are available?
SBI has announced 207 vacancies across seven Specialist Cadre Officer positions.
What is the last date to apply?
Online registration and fee payment close on 25 September 2026.
Is this permanent recruitment?
No. The officers will initially be engaged on contract for five years, with a possible renewal of up to four additional years at SBI’s discretion.
Can candidates apply for more than one post?
Yes. Candidates may submit applications for more than one post when they meet every applicable eligibility condition.
Is there a written examination?
No written examination has been prescribed. Selection comprises shortlisting, one or more interview rounds and CTC negotiation.
How many marks does the interview carry?
The interview carries 100 marks. SBI will decide the qualifying marks.
What is the application fee?
Unreserved, EWS and OBC candidates must pay ₹750. SC, ST and PwBD candidates are exempted.
What is the highest offered CTC?
The Zonal Head—Retail post has an annual CTC upper range of ₹97 lakh, subject to negotiation and the notified compensation structure.
Are fresh graduates eligible?
No. Every post requires relevant post-qualification professional experience ranging from three to 15 years.
Will teaching experience be accepted?
No. SBI states that teaching and training experience will not be counted for eligibility.
How will the final merit list be prepared?
The merit list will be prepared in descending order using interview marks. Age in descending order will resolve a tie at the cut-off.
Must applicants send a printed application to SBI?
No. Applicants should retain the printout and supporting records but must not send a hard copy to SBI.
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